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20 Mar 2013
Forex: US Dollar Index hovering over 83.00
FXstreet.com (Barcelona) - The US Dollar Index, which tracks the greenback against its major competitors, is trading back to the 83.00 level on Wednesday, lifted by the FOMC statement.
In fact, the US dollar found extra buying interest after the Fed left unchanged its monetary policy. The FOMC stated that exceptionally low levels of rates would continue until de unemployment reaches 6.5% and it kept the pace of bond buying at $85 billion per month.
At the moment, the index is down 0.29% at 82.99 and according to tradingcentral.com, the next support levels line up at 82.60, 82.40 and 82.15; resistances are located at 83.15, 83.35 and 83.50
In fact, the US dollar found extra buying interest after the Fed left unchanged its monetary policy. The FOMC stated that exceptionally low levels of rates would continue until de unemployment reaches 6.5% and it kept the pace of bond buying at $85 billion per month.
At the moment, the index is down 0.29% at 82.99 and according to tradingcentral.com, the next support levels line up at 82.60, 82.40 and 82.15; resistances are located at 83.15, 83.35 and 83.50